Industry Summary Articles

Sage Foundation, the social impact arm of Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), has launched a new, three-year partnership with Atlanta-based Village Capital to support 165 impact-creating startups across Europe, UK, and the U.S.  Atlanta’s thriving entrepreneurial ecosystem provides the perfect…

Siemens Digital Industries Software announced its ongoing collaboration with PhysicsX, a startup leveraging generative AI to enable breakthrough engineering in advanced industries. Together, they aim to create the next generation of AI-based deep physics simulation to accelerate performance prediction and optimization. PhysicsX is building its latest pre-trained deep physics model…

TrueProject, a pioneer in AI-driven predictive project management, proudly announces a strategic partnership with ClickUp, the all-in-one suite to replace other workplace apps for teams to plan, organize, and collaborate on projects. This innovative collaboration integrates TrueProject's advanced predictive analytics with ClickUp's robust task management capabilities, equipping customers with sophisticated…

Cummins and Ansys have entered into a definitive agreement to extend their long-standing engagement. The deal follows previous success in leveraging Ansys solutions, which enabled Cummins to accelerate product development times and save millions of dollars in development costs.  Operating at the forefront of innovation, Cummins engineers face new and highly complex…

Honeywell has been selected as the building automation provider for the new Melton Hospital, a 274-bed facility that will be Victoria's first fully electric hospital. Honeywell will help provide comprehensive management for building automation systems to optimize the hospital's energy and operational efficiency outcomes. Under a 25-year contract, Honeywell will install its…

Modelon AB (publ) has signed a two-year contract for software licenses with a major North American social media platform provider. Term-based software licenses worth USD 0.38 million for Modelon’s product Modelon Impact will generate recurring revenues during the full contract period, starting December 1, 2024. The new contract comes in…

Capgemini announced, following the fulfillment of all regulatory requirements, the closing of the acquisition of Syniti, a leader in enterprise data management software and services including platform and migration services. The global team of 1200+ data-focused experts, willreinforce Capgemini’s data-driven digital core business transformation services, notably large-scale SAP transformations, such as…

Cyncly, a leading global provider of software and content solutions that help make amazing spaces for living, today announces it has entered into a definitive agreement to acquire Broadlume, a leading provider of digital marketing, visualization and business management software for the flooring industry. The uniting of two industry leaders…

CONTACT Software is driving the industry’s digital transformation. At this year’s Open World, the company emphasized its position as a digitalization partner and presented innovative solutions in the areas of PLM, IoT, and artificial intelligence together with customers and partners. With around 700 participants from 20 countries, the event set…

Synopsys, Inc. reported results for its fourth quarter and fiscal year 2024. Revenue for the fourth quarter of fiscal year 2024 was $1.636 billion, compared to $1.467 billion for the fourth quarter of fiscal year 2023. Revenue for fiscal year 2024 was $6.127 billion, an increase of approximately 15% from $5.318 billion in fiscal year 2023. "The…